JUNEAU (AP) -- The state Department of Revenue is reminding Alaskans that their annual Permanent Fund dividend applications must be postmarked no later than midnight Friday.
More than 1,700 Alaskans missed the deadline last year. Paul Dick, the state's Permanent Fund chief of operations, said Wednesday the agency has been swamped with applications. About 470,000 applications have been received so far and upwards of 600,000 are expected this year, he said.
Any applications not postmarked by March 31 will be denied, Dick said.
The amount of this year's dividend will be announced in September, with the dividends paid out in October.
More than 575,000 eligible Alaskans collected dividends of $1,769 last year. The Alaska Permanent Fund, the state's oil wealth savings account, has been paying out dividends since 1982.
Peninsula Clarion ©2014. All Rights Reserved.